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Post by mnholdem on Jul 29, 2018 15:42:28 GMT -5
If Nate stated a 300% it would be from the share price the date he wrote it. Investors' returns will vary depending on their individual average share price. BTW, call options could return much more than 300%.  |
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Post by boytroy88 on Jul 29, 2018 15:49:52 GMT -5
But why am I seeing only part of the conversation? I used to follow the Mannkind Corporation twitter feed, but quit since all they seemed to do was tweet what was already press released. Why don't they use that to publish blurbs about dinners Mike is attending and meetings Dr. Kendall is going to, etc? Really? Please let us know what other public company C-Suite executives are tweeting their day-to-day schedules? (Not targeting you TT, but some posts don't seem to be coming from planet earth. Please excuse the double negative.) Well, I do see T-Mobile's CEO tweet some of his day to day schedules...not all...some...but he still does... |
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Post by boytroy88 on Jul 29, 2018 15:52:29 GMT -5
This makes me wonder if there may be non-dilutive financing over the horizon since there may be a vested interest in this Tanner deal becoming lucrative by helping MannKind fund its business plan. No one else see this potential? Can someone explain how Nate see a 300bagger? I recall you multiply 300 times your investment. Do I have the correct? Even w possible df, banks, and others financing ... 300x??? How Please discuss and happy wing day happy lasagna day and happy lipstick day Nate did suggest Celgene and Apple back when they were in the dumps...and I think those two were close to 300baggers... |
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Post by mnkdfann on Jul 29, 2018 15:55:32 GMT -5
If Nate stated a 300% it would be from the share price the date he wrote it. So, worst case, if he said that when MNKD was trading near its all-time low, it is still a 100+ bagger today? Or, if he said it when MNKD shares were significantly higher, we might be sitting on a 1000+ bagger from today's level. FWIW, in a recent twitter post, IIRC Nate said MNKD was trading at about a tenth of current fair value. Of course, future fair value would increase over time significantly if / when scripts explode exponentially. |
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Post by mnholdem on Jul 29, 2018 16:17:48 GMT -5
Example: During the Oct-2017 share price rally to nearly $7, I sold about 1/3 of my $2 call options at 929% return after commission. That was with the share price under $7.
I don't want to put words into Nate's mouth (or should I say ink into his pen) but if you bought MNKD at $1.50 on Monday and share price rallies to $7-$10 by EOY, what's your ROI? Isn't that the point Nate Pile is making?
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Post by mnkdfann on Jul 29, 2018 17:22:33 GMT -5
Example: During the Oct-2017 share price rally to nearly $7, I sold about 1/3 of my $2 call options at 929% return after commission. That was with the share price under $7. I don't want to put words into Nate's mouth (or should I say ink into his pen) but if you bought MNKD at $1.50 on Monday and share price rallies to $7-$10 by EOY, what's your ROI? Isn't that the point Nate Pile is making? The post above one you replied to spoke about MNKD being a 300bagger, which is different from the 300% ROI you seem to have modified that to in your followups. I didn't notice until now that you switched terminologies. I'm not sure which phrase Nate used, but they do have different meanings. www.divestopedia.com/definition/1016/ten-bagger300% ROI is easy to see. 300bagger, IMO, not so much. |
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Post by akemp3000 on Jul 29, 2018 17:33:23 GMT -5
Would be pleased to see a 3 bagger at the moment so it seems a stretch to be fantasizing about a 300 bagger just yet. That said, if Afrezza becomes THE standard of care, MNKD inks a partnership that increases the U.S. sales force 5x, begins receiving revenue from foreign countries, inks a partnership with TreT, etc. a 300 bagger is not absurd considering the size of these markets. There are countless IFs but it's not out of the question for inhalation to become the next generation superstar in healthcare.
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Post by mike0475 on Jul 30, 2018 7:55:34 GMT -5
10k invested x 300. Seriously?
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Post by jonny80s on Jul 30, 2018 8:34:55 GMT -5
10k invested x 300. Seriously? The equivalent of having bought amazon at $6, Sept 2001, and holding for 17 years. |
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Post by harryx1 on Jul 30, 2018 9:29:58 GMT -5
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Post by mnholdem on Jul 30, 2018 9:50:52 GMT -5
I'm also interested in how much The Carlyle Group puts out in invested capital.
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Post by jonny80s on Jul 30, 2018 9:52:46 GMT -5
140mil cap X300..... 42bil. 25% the value of Merk..... A company with no cash and a product that won't sell; not to mention pipeline candidates with no partnership interests.
I'ld be happy with improving scripts and a partnership on a pipeline candidate with $100mil upfront.
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Post by mnholdem on Jul 30, 2018 9:54:06 GMT -5
Incidentally, Kent Kresa (MannKind's Chairman of the Board) used to be a senior advisor to The Carlyle Group.
On November 3, 2003, the Carlyle Group hired [Kent] Kresa as a Senior Advisor to its aerospace and defense group. Kresa commented on his hiring by stating, “I’ve known the Carlyle executives for many years and have an abiding respect for their approach and judgment. For years, Carlyle has played a significant role in the aerospace and defense market. Carlyle has a straightforward approach to its business and delivers on its promises. I’m delighted to be associated with them.”
Source: en.wikipedia.org/wiki/Kent_Kresa
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Post by agedhippie on Jul 30, 2018 10:21:23 GMT -5
The Carlyle Group are PE so if they get involved in Mannkind that would pretty much be the end. They would want the whole company, and cheaply because there is no cash and they cannot load it up with debt. Their exit would have to be either turning the company around, or breaking it up and selling of the parts. They are unlikely to see the ROI in attempting to turn it around given where sales are three years after launch, and their BP contacts are unlikely to say good things.
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Post by babaoriley on Jul 30, 2018 10:38:47 GMT -5
Upon reading your post, AgedOne, I could only think of the following:
To be, or not to be: that is the question:
Whether 'tis nobler in the mind to suffer
The slings and arrows of outrageous fortune,
Or to take arms against a sea of troubles,
And by opposing end them? To die: to sleep;
No more; and by a sleep to say we end
The heart-ache and the thousand natural shocks
That flesh is heir to, 'tis a consummation
Devoutly to be wish'd. To die, to sleep;
To sleep: perchance to dream: ay, there's the rub;
For in that sleep of death what dreams may come
When we have shuffled off this mortal coil,
Must give us pause: there's the respect
That makes calamity of so long life;
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